Subsequent Closing Shares definition

Subsequent Closing Shares shall have the meaning set forth in Section 1A(a) of the Subscription Agreement;
Subsequent Closing Shares means the shares of Common Stock issued or issuable to each Purchaser at the Subsequent Closing pursuant to this Agreement.
Subsequent Closing Shares has the meaning assigned to it in Section 2.1(ii).

Examples of Subsequent Closing Shares in a sentence

  • Any Subsequent Closing Shares issued and sold pursuant to this Section 1.2(b) shall be deemed to be “Shares” for all purposes under this Agreement, and any Additional Purchasers thereof shall be deemed to be “Purchasers” for all purposes under this Agreement.

  • Any Subsequent Closing Shares issued and sold to the Purchaser pursuant to this Section 1(b)(ii) shall be deemed to be “Shares” for all purposes under this Agreement.

  • Subject to the satisfaction or waiver of the conditions set forth in Section 4.2(c) and Section 4.2(d) below, the completion of the purchase and sale of the Subsequent Closing Shares and the Subsequent Closing Warrants (the “Subsequent Closing”) shall occur no later than three (3) business days after the Stockholder Approval Date (the “Subsequent Closing Date”), in accordance with Rule 15c6-l promulgated under the Exchange Act.

  • The aggregate purchase price of the Subsequent Closing Shares to be purchased by the Subscribers on a Subsequent Closing Date shall be equal to the product obtained by multiplying (x) the number of Subsequent Closing Shares to be purchased on such Subsequent Closing Date by (y) $0.68.

  • On a Subsequent Closing Date, the Company will deliver the Subsequent Closing Shares and Subsequent Closing Warrants to the Escrow Agent and each Subscriber will deliver his respective portion of the Purchase Price applicable thereto to the Escrow Agent.

  • Issuer shall use the proceeds from the sale of the Initial Closing Shares and the Subsequent Closing Shares for working capital purposes.

  • Seller agrees to deliver any and all share certificates representing Initial Closing Shares and, if any, the Subsequent Closing Shares sold hereunder to Purchaser, properly endorsed to Purchaser, at the Initial Closing and Subsequent Closing, as applicable.

  • Any Subsequent Closing Shares issued and sold to the Purchaser pursuant to this Section 1 (b) (ii) shall be deemed to be “Shares” for all purposes under this Agreement.

  • On or prior to a Subsequent Closing Date the Company will deliver to the Escrow Agent the applicable Subsequent Closing Shares, Subsequent Closing Warrants, Subsequent Closing Certificate, and Subsequent Closing Legal Opinion (collectively, the "Subsequent Closing Company Documents").

  • Subject to the satisfaction or waiver of the terms and conditions of this Agreement on a Subsequent Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber the number of Shares and Warrants designated to be sold to such Subscriber on the Subsequent Closing Date as set forth on the signature page hereto next to the name of such Subscriber (the "Subsequent Closing Shares" and "Subsequent Closing Warrants," respectively).


More Definitions of Subsequent Closing Shares

Subsequent Closing Shares means the Escrow Shares less the Redemption Shares.
Subsequent Closing Shares is defined in Section 1.1(b).
Subsequent Closing Shares means, in the aggregate, the following number of shares for each Subsequent Closing: (i) upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, an aggregate of 60,000 shares of Common Stock; (ii) upon the extinguishment of $1,500,000 of principal amount of indebtedness owed by the Company to Hercules pursuant to the Hercules Loan and Securities Agreement, an aggregate of 180,000 shares of Common Stock; and (iii) upon the extinguishment of $2,700,000 of principal amount of indebtedness owed by the Company to Hercules pursuant to the Hercules Loan and Securities Agreement, an aggregate of 140,000 shares of Common Stock.

Related to Subsequent Closing Shares

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Second Closing has the meaning set forth in Section 2.2.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing Date means the date of the Second Closing.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • First Closing has the meaning set forth in Section 2.1(a).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • IPO Closing Date means the closing date of the IPO.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).